Electrolux Q2 2022 Interim report: Constraints impacting volume and productivity
Highlights of the second quarter of 2022 · Net sales increased to SEK 33,749m (30,303), corresponding to an organic sales growth of 0.3%. Strong price execution across all business areas and mix improvements from product launches contributed to growth, while volumes declined significantly. Market demand was down in most regions. · Operating income amounted to SEK 560m (1,983), corresponding to a margin of 1.7% (6.5). Supply chain and labor constraints resulted in substantially lower volumes and higher costs, especially in business area North America. · Income for the period